South State Corp
SSB
#1970
Rank
โ‚ฌ7.77 B
Marketcap
101,95ย โ‚ฌ
Share price
1.92%
Change (1 day)
52.49%
Change (1 year)

Operating Margin for South State Corp (SSB)

Operating Margin as of November 2024 (TTM): 36.38%

According to South State Corp's latest financial reports and stock price the company's current Operating Margin is 36.38%. At the end of 2023 the company had an Operating Margin of 37.10%.

Operating Margin history for South State Corp from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202337.10%-5.51%
202239.26%-11.29%
202144.26%379.43%
20209.23%-74.3%
201935.92%4.94%
201834.23%10.36%
201731.02%-10.02%
201634.47%0.78%
201534.20%32.71%
201425.77%20.22%
201321.44%10.56%
201219.39%13.44%
201117.09%-66.98%
201051.76%243.36%
200915.07%-22.61%
200819.48%-34.74%
200729.85%3.25%
200628.91%5.63%
200527.37%1.59%
200426.94%-10.78%
200330.20%-2.76%
200231.05%-3.61%
200132.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
16.06%-55.85%๐Ÿ‡บ๐Ÿ‡ธ USA
6.27%-82.77%๐Ÿ‡บ๐Ÿ‡ธ USA
32.41%-10.91%๐Ÿ‡บ๐Ÿ‡ธ USA
27.39%-24.71%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.